An ‘Oligarchy’ can be best defined as a government which is ruled by small number of people or by an Elite group of wealthy people.
Further Explanation:
The word ‘Oligarchy’ is a Greek word and is used in general form in Greek Government. This word is used as general form that means a government which is run by few people or just one family is called Oligarchy. This word is also used for the people who enjoy monopoly of political control. Initially, when this word came into existence, it was associated with a particular social and political regime and with intellectual modes. In the early 20th century Robert Michaels developed the theory that democracies, as all large organizations, have a tendency to turn into oligarchies. Use of this word has significantly reduced in recent centuries.
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2. When WWII began, which country controlled Korea? <u>brainly.com/question/4063676</u>
Answer details:
Grade: High School
Subject: History
Chapter: Oligarchy
<u>Keywords:</u>
Oligarchy, Greek, Greek Words, Greek Government, Political Control, Government, Monopoly, Political Regime, Social Regime.